Wells Fargo Survey: Small Business Optimism Hits 11-year High

According to findings from the latest Wells Fargo/Gallup Small Business Index, small business owners entered the new year feeling the most optimistic since early 2007.

KeyBank Earns Top 10 Ranking Among SBA 7(a) Lenders Nationally

KeyBank has extended $318 million in approved dollars over the course of the year, representing a 43% jump in dollar volume from 2016 levels.

CIT Direct Capital Hits $4B in Originations; Portfolio Over $1B

CIT Group’s Direct Capital has provided more than $4 billion in equipment financing and working capital loans to more than 100,000 small businesses since its inception in 1993.

Fifth Third Bank, Accion Partnership Fuels Small Business Growth

Fifth Third Bank announced an investment and expanded partnership with the Accion U.S. Network to support lending to underserved small businesses.

Experian/Moody’s: Q1 Small Business Line Utilization Rates Down

A new Experian/Moody’s Q1 report on the financial health of the small-business community shows credit lines are expanding, but utilization rates are down 17% from the previous year.

Wells Fargo Small Business Survey Indicates Optimism

The latest Wells Fargo/Gallup Small Business Index rose to 67 in January, a 13-point gain from November’s survey, indicating increased optimism.

PayNet Adds Small Business Default Index to Family of Economic Indicators

PayNet has developed a Small Business Default Index, which will gauge small business defaults and signal insolvency across multiple sectors of the economy at the national, state and industry levels.

Wells Fargo Survey: 2015 Gains in Small Business Optimism Erased

According to the latest Wells Fargo/Gallup Small Business Index, after reaching a seven-year high in January, small business owners are feeling less optimistic today than they were a year ago.

PayNet SBLI Falls 5% as Small Business Investment Stalls

The October Thomson Reuters/PayNet Small Business Lending Index (SBLI), which is a leading economic indicator of GDP, decreased by 5% to 131.7 compared to September’s value, which was restated from 140.4 to 137.9.

Wells Fargo Eliminates Foreign Transaction Fees for Small Businesses

Wells Fargo has removed its foreign transaction fees on all business credit card and business line of credit access card transactions made outside the U.S.